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Financial Institutions and Banking - SCDL Assignment
Online Financial Institutions and Banking
Multiple Choice Multiple Answer
Question Soft Loan Scheme for modernisation is provided by :-
Correct Answer IFCI , ICICI , SIDBI
Your Answer IFCI , ICICI
Match The Following
Question Correct Answer Your Answer
Charitable Trusts Rajiv Gandhi Foundation Rajiv Gandhi Foundation
PSU MTNL ,SAIL, KRC MTNL ,SAIL, KRC
Mutual Funds UTI ,ICICI Prudential UTI ,ICICI Prudential
Statutory Trusts Port Trust Port Trust
True/False
Question Under MIGA the World bank offers various forms of Political Insurance.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question Commercial Papers are issued by :-
Correct Answer Corporates
Your Answer Corporates
Question Investment on a monthly basis and repayment on due date is made
in :-
Correct Answer Recurring deposit
Your Answer Recurring deposit
True/False
Question Issuance of CD attracts reserve requirements.
Correct Answer False
True/False
Question
State loans are much less liquid than GOI Securities.
Correct Answer
True
Your Answer
True
Multiple Choice Single Answer
Question
IDBI was delinked from RBI and it became autonomous in the year :-
Correct Answer
1976
Your Answer
1976
Question
One of the leading All India FI is :-
Correct Answer
SIDBI
Your Answer
SIDBI
Multiple Choice Single Answer
Question
The largest member of the IMF is the :-
Correct Answer
U.S.A.
Multiple Choice Single Answer
Question
The foreign currency account maintained by an authorised dealer with its
correspondent abroad is :-
Correct Answer
Nostro Account
Your Answer
Nostro Account
Select The Blank
Question
As a banker to the Government, RBI accepts Government deposits at ________%
interest.
Correct Answer
0
Your Answer
0
Multiple Choice Single Answer
Question
The word ' Tranche ' is a French word which means :-
Correct Answer
A Slice
Your Answer
A Pit
Multiple Choice Single Answer
Question
Size of the Quota depended upon :-
Correct Answer
GNP
Your Answer
GNP
Match The Following
Question
Correct Answer
Your Answer
Small Savings
Chit Funds
Chit Funds
Gen.Insurance
NICo of India Ltd.
NICo of India Ltd.
Life Insurance
LIC of India Ltd
LIC of India Ltd
Mutual fund
UTI
UTI
True/False
Question
CPs have to be compulsorily rated.
Correct Answer
True
Your Answer
True
Multiple Choice Single Answer
Question
If the Bank allows a finance of Rs 95 against a Bill of Rs 100 the difference of Rs.
5 is known as the :-
Correct Answer
Discount
Your Answer
Discount
Multiple Choice Multiple Answer
Question
IIBI (formerly known as IRBI )undertakes :-
Correct Answer
Merchant Banking activities , Lease or hire purchase finance , Consultancy &
managerial services
Your Answer
Merchant Banking activities , Lease or hire purchase finance , Consultancy &
managerial services
Select The Blank
Question
The loans under________ are based on Poverty Reduction Strategy Paper.
Correct Answer
PRGF
Your Answer
PRGF
Multiple Choice Multiple Answer
Question
Functions of a Bank's H.O. include:-
Correct Answer
Liaison with RBI , Evolve Policies , Vigilance & Control
Your Answer
Liaison with RBI , Evolve Policies , Vigilance & Control
Multiple Choice Single Answer
Question
DICGC also provides :-
Correct Answer
Security to deposits
Your Answer
Guarantee to borrowers
Match The Following
Question
Correct Answer
Your Answer
Insurance of all employees of a Firm
Group Insurance
Auto Finance
Premium Throughout Life
Whole Life
Group Insurance
Fixed Period Insurance
Endowment
Endowment
Insurance of ocean Cargo
Marine Insurance
Marine Insurance
True/False
Question
A Cheque is a Negotiable Instrument.
Correct Answer
True
Your Answer
True
Multiple Choice Single Answer
Question
Which one of the following is not a deposit account?
Correct Answer
Cash Credit account
Your Answer
Cash Certificate
Select The Blank
Question
The ________ does not collect Savings from the Public.
Correct Answer
NIICO Ltd.
Your Answer
NIICO Ltd.
Multiple Choice Single Answer
Question
IMF articles were amended in 1978 to legalise the :-
Correct Answer
Floating exchange rates
Your Answer
Floating exchange rates
Select The Blank
Question
________ is merely an asset created out of book entries.
Correct Answer
SDR
Your Answer
SDR
Question
Correct Answer
Your Answer
Regional Rural Bank
Thane Gramin Bank
Thane Gramin Bank
Public Sector Bank
Indian Bank
Saraswat Coop Bank Ltd.
Private Sector Bank
Bank of Rajasthan Ltd
Indian Bank
Foreign Bank
CITI BANK
Bank of Rajasthan Ltd
Select The Blank
Question
Syndication of Loans Globally does not involve any funds as it is ________
activity.
Correct Answer
Non-fund based
Your Answer
Fund based
True/False
Question
Issuance of CD attracts reserve requirements.
Correct Answer
False
Your Answer
True
Select The Blank
Question
The repayment holiday period is also known as ________ period.
Correct Answer
Moratorium
Your Answer
Moratorium
Multiple Choice Single Answer
Question
Zero Coupon Bonds are issued at a :-
Correct Answer
Discount to face value
Your Answer
Discount to maturity value
Multiple Choice Multiple Answer
Question
DICGC does not insure the deposits :-
Correct Answer
Of foreign Governments , Of State Cooperative Banks , Of the Central
Government
Your Answer
Of foreign Governments , Of State Cooperative Banks , Of the Central
Government
Multiple Choice Multiple Answer
Question
DICGC does not insure the deposits :-
Correct Answer
Of foreign Governments , Of State Cooperative Banks , Of the Central
Government
Your Answer
Of foreign Governments , Of State Cooperative Banks , Of the Central
Government
Match The Following
Question
Correct Answer
Your Answer
Small Savings
Chit Funds
Chit Funds
Gen.Insurance
NICo of India Ltd.
NICo of India Ltd.
Life Insurance
LIC of India Ltd
LIC of India Ltd
Mutual fund
UTI
UTI
Multiple Choice Single Answer
Question
Which one of the following is a Cooperative Bank?
Correct Answer
COSMOS BANK
Your Answer
COSMOS BANK
Multiple Choice Single Answer
Question
Liabilities of Insurance Cos are mostly :-
Correct Answer
Long term
Your Answer
Long term
Select The Blank
Question
GIC raises funds to meet claims from ________.
Correct Answer
Premium collected
Your Answer
Premium collected
True/False
Question
Issuance of CD attracts reserve requirements.
Correct Answer
False
Your Answer
True
Multiple Choice Single Answer
Question Investment on a monthly basis and repayment on due date
is made in :-
Correct Answer Recurring deposit
Your Answer Term deposit account
Multiple Choice Single Answer
Question A current account where the customer can withdraw more
than the balance is :-
Correct Answer Overdraft
Multiple Choice Single Answer
Question SIDBI commenced its operations from :-
Correct Answer April 2,1990
Your Answer April 2,1990
Match The Following
Question Correct Answer Your Answer
NABARD Rural Development Rural Development
AFC Ltd Consultancy Consultancy
HUDCO Housing Housing
NCDC Development of Cooperatives Development of Cooperatives
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Labels: Financial Institutions and Banking
Financial Institutions and Banking - 2
LIST OF ATTEMPTED QUESTIONS AND ANSWERS
Multiple Choice Single AnswerQuestionThe first long term industrial financing corporation set up in the country was :-Correct AnswerIFCIYour AnswerIFCI
True/FalseQuestionThe Capital of NABARD is subscribed by World Bank.Correct AnswerFalseYour AnswerFalse
Multiple Choice Single AnswerQuestionFinancial institutions deal in :-Correct AnswerFinancial assetsYour AnswerReal assets
Multiple Choice Single AnswerQuestionIn addition to sugar Industry IFCI has predominantly lent to :-Correct AnswerTextile sector
Your AnswerTextile sector
Multiple Choice Multiple AnswerQuestionOther than Tourism, International funds remittances comprise of :-Correct AnswerDonations/Charity , Payments of Salaries , Payments of RoyaltyYour AnswerDonations/Charity , Payments of Salaries , Payments of Royalty
True/FalseQuestionNABARD provides Refinance for Marketing of Crops.Correct AnswerTrueYour AnswerTrue
Multiple Choice Multiple AnswerQuestionR B I conducts monetary control by way of O M O in :-Correct AnswerTreasury bills , State /central Government SecuritiesYour AnswerTreasury bills , State /central Government Securities
Multiple Choice Single AnswerQuestionDevelopment Financial institutions include :-Correct AnswerState financial institutionsYour AnswerState financial institutions
Select The BlankQuestionNABARDs Criteria for Refinance covers Technical ________ of the project.Correct AnswerFeasibilityYour AnswerFeasibility
True/FalseQuestionBanks do not invest in the GOI securities .Correct AnswerFalseYour AnswerFalse
Multiple Choice Multiple AnswerQuestionThe unorganised financial system comprises of :-Correct AnswerMoney lenders , Indigenous bankers , Lending pawn brokersYour AnswerMoney lenders , Indigenous bankers , Lending pawn brokers
Select The BlankQuestionNHB at present has a ________ Capital of Rs. 350 crores.Correct AnswerPaid-upYour AnswerPaid-up
Select The BlankQuestionOne of the objectives of NHB is to augment the ________ resources for the housing sector.Correct AnswerFinancialYour AnswerFinancial
Match The FollowingQuestionCorrect AnswerYour AnswerCRRPrimary reserve requirementPrimary reserve requirementBankers Bank
Controlling the reserves of commercial banksControlling the reserves of commercial banksExchange controlFEMAFEMAOMOGovernment securitiesGovernment securities
Multiple Choice Single AnswerQuestionNABARD was established on the recommendations of :-Correct AnswerCRAFICARDYour AnswerCRAFICARD
Multiple Choice Multiple AnswerQuestionA member's IMF Quota determines its :-Correct AnswerFinancial commitment , Voting power , Drawing powerYour AnswerFinancial commitment , Voting power , Drawing power
Multiple Choice Multiple AnswerQuestionCredit Information report is also known as :-Correct AnswerCredit report , Banker's report , Confidential reportYour AnswerCredit report , Banker's report , Confidential report
Select The BlankQuestionDevelopment financial institutions have been established to cater to ________ of the industrial sector.Correct AnswerLong term financial needsYour AnswerLong term financial needs
Multiple Choice Multiple AnswerQuestionTourism promotes :-Correct AnswerCredit Card Business , International remittances , Travellers' ChequesYour AnswerCredit Card Business , International remittances , Travellers' Cheques
True/FalseQuestionDevelopment financial institutions primarily lend to Agriculture sector.Correct AnswerFalseYour AnswerTrue
Select The BlankQuestionThe ________ is the apex institution in the field of foreign trade in India.Correct AnswerEXIM bankYour AnswerEXIM bank
Select The BlankQuestionFinancial markets are the centres that provide facilities for buying and selling of ________.Correct AnswerFinancial claims and servicesYour AnswerFinancial claims and services
True/FalseQuestionNon bank financial institutions undertake fund and non fund based activities.Correct AnswerTrueYour AnswerTrue
Select The Blank
QuestionThe CRAFICARD recommended the establishment of ________.Correct AnswerNABARDYour AnswerNABARD
Select The BlankQuestionThe price in financial markets is known as ________.Correct AnswerRate of interestYour AnswerCoupen
True/FalseQuestionGramin banks are State Owned Banks.Correct AnswerTrueYour AnswerTrue
Multiple Choice Single AnswerQuestionA credit facility under which a borrower can withdraw up a certain limit subject to availability of adequate security is :-Correct AnswerCash Credit accountYour AnswerCash Credit account
SCDL Assignments of Financial Institutions and Banking
True/FalseQuestionGramin banks are State Owned Banks.Correct AnswerTrueYour Answer
True
Select The BlankQuestionCRR and SLR are ________ reserves.Correct AnswerStatutoryYour AnswerStatutory
True/FalseQuestionBanks do not invest in the GOI securities .Correct AnswerFalseYour AnswerFalse
Multiple Choice Multiple AnswerQuestionSIDBI provides :-Correct AnswerRefinance , Rediscounting of Bills , Financial support to SSIDCYour AnswerRediscounting of Bills , Financial support to SSIDC , Cash Credit facilities
Select The BlankQuestionMutual Funds provide the benefits of ________.Correct AnswerPortfolio managementYour AnswerPortfolio management
Select The BlankQuestionSyndication involves ________ sanction.Correct AnswerIn principleYour AnswerFinal
Select The BlankQuestionThe ________ regulation makes the banks the largest investor in the GOI securities.Correct AnswerSLRYour AnswerSLR
Select The BlankQuestionIn addition to IFCI and ________ the Soft Loan Scheme for modernisation is also undertaken by IDBI.Correct AnswerICICIYour AnswerICICI
Multiple Choice Multiple AnswerQuestionNABARD has taken over the entire functions of :-Correct AnswerARDC , ACD of RBI , RPCD of RBIYour AnswerARDC , ACD of RBI , RPCD of RBI
Multiple Choice Single AnswerQuestionInstruments issued by DFIs and Banks carry :-Correct AnswerHighest credit ratingsYour AnswerHighest credit ratings
Multiple Choice Multiple AnswerQuestionOther than Tourism, International funds remittances comprise of :-Correct AnswerDonations/Charity , Payments of Salaries , Payments of RoyaltyYour AnswerDonations/Charity , Payments of Salaries , Travel related payments
Multiple Choice Single AnswerQuestionMoney Markets Satisfy the needs of :-Correct AnswerShort term natureYour AnswerShort term nature
Multiple Choice Single AnswerQuestionDevelopment Financial Institutions provide finance to the needyCorrect AnswerCorporates & govt. institutionsYour AnswerCorporates & govt. institutions
True/FalseQuestionNABARD does not provide Refinance for stocking & distribution of Chemical Fertilisers.Correct AnswerFalseYour AnswerFalse
True/FalseQuestionThe SFCs also borrow from SIDBI & IDBI.Correct AnswerTrueYour AnswerTrue
Multiple Choice Single AnswerQuestionA major part of the credit of SFCs went to :-Correct AnswerSSI unitsYour AnswerExporters
True/False
QuestionMortgage Loans are loans against property.Correct AnswerTrueYour AnswerTrue
Multiple Choice Single AnswerQuestionThe unorganised financial system includes :-Correct AnswerIndigenous bankersYour AnswerIndigenous bankers
Select The BlankQuestionHDFCs loans were linked up with________.Correct AnswerPlanned SavingsYour AnswerRecovery record
Multiple Choice Single AnswerQuestionInitial Quantum of resources of IMF were contributed by members according to :-Correct AnswerQuotas fixed for membersYour AnswerQuotas fixed for members
True/FalseQuestionCPs are issued by corporate entities.Correct AnswerTrueYour AnswerTrue
Multiple Choice Multiple AnswerQuestionEXIM Bank provides financial assistance to:-
Correct AnswerIndian Companies , Commercial Banks , Foreign GovernmentsYour AnswerIndian Companies , Commercial Banks , Foreign Governments
Multiple Choice Multiple AnswerQuestionFunctions of R.O. do not cover :-Correct AnswerSLR/CRR maintenance , Liaison with RBI/IBA , Issuing Lending PolicyYour AnswerSLR/CRR maintenance , Issuing Lending Policy , Sanctioning advances
Match The FollowingQuestionCorrect AnswerYour AnswerInter Bank Call Money MarketsBRs, Call Money ReceiptsBRs, Call Money ReceiptsMoney Market InstumentsCP, CD ,T- BillsCP, CD ,T- BillsCapital Market InstrumentsSharesSharesDebt Market InstrumentsGOI Securities ,BondsGOI Securities ,Bonds
Multiple Choice Multiple AnswerQuestionWhich of the following statements are not prepared on a daily basis in branch?Correct AnswerCash Book , Trial Balance , P/L statementYour AnswerCash Book , Trial Balance , P/L statement
Select The BlankQuestionInterest on advances is generally calculated on ________ products.Correct Answer
DailyYour AnswerFortnightly
Multiple Choice Single AnswerQuestionIDBI has helped in the establishment of :-Correct AnswerEXIM BankYour AnswerEXIM Bank
Multiple Choice Multiple AnswerQuestionUnder Project Finance Scheme IDBI provides assistance for :-Correct AnswerNew Projects , Renovation , ModernisationYour AnswerNew Projects , Renovation , Working capital
Multiple Choice Single AnswerQuestionDeposits per depositor per bank are secured by DICGC up to a sum of :-Correct AnswerRs. one lac.Your AnswerRs. one lac.
Select The BlankQuestionSCICI provides domestic & foreign loans for capital equipment and________ services.Correct AnswerTechnicalYour AnswerTechnical
Multiple Choice Multiple AnswerQuestionThe main objective of ICICI was :-Correct AnswerTo augment export finance in India , To channelise World Bank's funds to
industries in India , To help in building up a Capital Market in IndiaYour AnswerTo augment export finance in India , To channelise World Bank's funds to industries in India , To help in building up a Capital Market in India
Multiple Choice Multiple AnswerQuestionFunctions of NIDHIs include :-Correct AnswerAccepting Deposits , Granting loans , Encourage thriftYour AnswerAccepting Deposits , Granting loans , Encourage thrift
Multiple Choice Single AnswerQuestionIDBI was initially set up as :-Correct AnswerSubsidy of RBIYour AnswerPublic sector Bank
Multiple Choice Multiple AnswerQuestionFor its long term operations NABARD raises funds by :-Correct AnswerFloating Bonds in open market , Drawing from the Central Govt. , Drawing from National Rural credit FundsYour AnswerFloating Bonds in open market , Drawing from the Central Govt. , Drawing from National Rural credit Funds
Select The BlankQuestionFinancial markets are the centres that provide facilities for buying and selling of ________.Correct AnswerFinancial claims and servicesYour AnswerGoods and services
True/FalseQuestion
IDA does not lend to countries that are not in a position to borrow from IBRD.Correct AnswerFalseYour AnswerTrue
Select The BlankQuestionGeneral insurance policies are genarally issued for ________ year.Correct AnswerOneYour AnswerThree
True/FalseQuestionSCICI is a member of the OTCEI.Correct AnswerTrueYour AnswerFalse
Multiple Choice Single AnswerQuestionThe deposit account offering cheque withdrawal facility is known as :-Correct AnswerCurrent accountYour AnswerCurrent account
Match The FollowingQuestionCorrect AnswerYour AnswerCRRPrimary reserve requirementPrimary reserve requirementBankers BankControlling the reserves of commercial banksFEMAExchange controlFEMA
Controlling the reserves of commercial banksOMOGovernment securitiesGovernment securities
Multiple Choice Multiple AnswerQuestionThe loans of finance companies are generally :-Correct AnswerAt high interest , Unsecured , Based on borrowers worthYour AnswerUnsecured , Based on borrowers worth , At low interest
Multiple Choice Single AnswerQuestionThe apex institution in the field of Industrial Development is :-Correct AnswerIDBIYour AnswerIDBI
Multiple Choice Multiple AnswerQuestionA member's IMF Quota determines its :-Correct AnswerFinancial commitment , Voting power , Drawing powerYour AnswerVoting power , Drawing power , GNP
True/FalseQuestionCP is a usance promissory note hence it can be negotiated by endorsement & delivery.Correct AnswerTrueYour AnswerFalse
Multiple Choice Single AnswerQuestionThe objective of ICICI was to assist the :-Correct Answer
Private sectorYour AnswerPrivate sector
True/FalseQuestionNABARD provides short term refinance for procurement activities also.Correct AnswerTrueYour AnswerTrue